Angola: Grupo Score invests €5M, opens 4th Luanda store

Score group has invested €5 million (3 billion kwanzas) in its fourth Deskontão store in the centre of Luanda, creating 70 jobs and has plans to open three more stores, it announced on Friday.

The chain’s fourth outlet has a total area of 1,100 square metres. It is another step in the brand’s expansion strategy, which is now focusing on proximity, according to Marta Alexandre, head of marketing at Score Distribuição. This Angolan food distribution group employs 509 people.

“We have plans in the short/medium term to open three new stores in identified areas of urban influence,” she said today at the store opening in Luanda, admitting that other provinces could be considered after consolidation in Luanda, but this is not an immediate priority.

The group is focused on developing national production, which supplies 100% of perishables (fruit, vegetables, beef, pork and fish), despite recognising the difficulties due to the “inefficiency of the supply chain, which makes regular access to national products difficult,” currency devaluation and consequent loss of purchasing power.

Marta Alexandra expects that 2022 will also not be an easy year: “the uncertainty of the pandemic evolution, the global transport crisis, the scarcity of commodities, among other factors with an impact on the economy”, will “hinder the operation” of the group and bring “increasing challenges”.